2023-24 SaskEnergy Annual Report

Financial and Operating Highlights

Quarterly Financial and Operating Highlights

2023-24 CONSOLIDATED FINANCIAL INFORMATION ($ millions)

March 31, 2024

Q1

Q2

Q3

Q4

114 $

304 236

57 $

43 $

90 $

Delivery

$

59 15

58

60

59 14

Transportation and storage Realized commodity margin

42 12 28

5 5 7

8 4 7

1 4

2

Realized asset optimization margin Customer capital contributions

10

136

118

169

199

622 119 206 140

Total revenue and margins

28 48 35

26 47 35

28 53 35

37 58 35

Employee benefits

Operating and maintenance Depreciation and amortization

19

5

6 1

4

4 2

Saskatchewan taxes

-

-

(3)

Loss (recovery) on trade and other receivables

78

19

19

21

19

Net finance expenses Other net losses (gains)

5

1

(2)

3

3

136

132

141

158

567

Total expenses

CONSOLIDATED INCOME (LOSS) before unrealized market value adjustments

- $ 4 $

(14) $

28 $

41 $

55 21

$ $

6 $

6 $

5 $

Dividends declared

345

84

58

67

136

Cash provided by operating activities Cash used in investing activities Cash used in financing activities Property, plant and equipment additions

(269)

(32) (33)

(79)

(85) (14)

(73) (15)

(62)

-

246

29

78

75

64

OPERATING STATISTICS Distribution energy (petajoules) Residential/Farm

35 31

5 5

2 2

11 10 49 70

17 14 53 84

Commercial

192 258

45 55

45 49

Industrial

TOTAL

9% warmer

13% warmer 33% warmer 15% warmer 1% warmer

Weather (compared to last 30 years) Transmission energy (petajoules) Domestic

389

85

82

104

118

11

4

5

2

-

Export

89

87

106

118

400

TOTAL

18

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